Get Mn Ig261 2024-2026

The MN IG261 form, known as the Fire Safety Surcharge Return, is essential for insurers in Minnesota to report premiums and calculate the fire safety surcharge. This guide will take you through each section of the form with clear, detailed instructions to ensure a smooth and accurate completion.

Follow the steps to effectively complete the MN IG261 form.

1. Press the ‘Get Form’ button to access the MN IG261 form and open it in a suitable editor.
2. Identify the reporting period by selecting one of the options: Jan. 1 – March 31, April 1 – June 30, July 1 – Sept. 30, or Oct. 1 – Dec. 31. Note the corresponding due dates for each period.
3. Indicate whether you are submitting a new address by checking the appropriate box. Fill out the name of the insurance company, mailing address, city, state, zip code, email address, and website address.
4. Complete the identifier sections by providing your Federal Employer Identification Number (FEIN), Minnesota Tax ID, NAIC Number, State/Country of Incorporation, contact person's name, and their daytime phone number.
5. In sections A, B, and C, enter the direct premiums, dividends, and calculate the gross premiums. Ensure all calculations are precise, and enter the figures for homeowners policies, fire policies, and commercial nonliability policies.
6. Calculate the surcharge by entering the total from line 4 and multiplying it by the surcharge rate (0.65%). Include any applicable penalties and interest as instructed.
7. Sign the declaration, providing the authorized signature, title, and date. If applicable, include the signature and details of the preparer.
8. Mail the completed MN IG261 form, along with all necessary attachments, to the Minnesota Department of Revenue at the specified address. You can also choose to save changes, download, print, or share the form as needed.

Now that you are equipped with the necessary information, complete the MN IG261 online confidently.